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0.35  /  0.32%

107.75

NAV on 2021/03/01
NAV on 2021/02/26 107.4
52 week high on 2021/02/11 107.82
52 week low on 2020/04/03 101.4
Total Expense Ratio on 2020/09/30 0.72
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change 0.36% 0.36%
3 month change 0.89% 1.94%
6 month change 0.71% 3.01%
1 year change 2.75% 8.59%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Bond Funds 164.19 15.23%
Fixed Interest 165.27 15.33%
Liquid Assets 107.53 9.97%
Money Market 20.43 1.90%
SA Bonds 529.25 49.09%
Specialist Securities 91.49 8.49%
  • Top five holdings
U-ACOREIN 165.27 15.33%
U-ABSABON 164.19 15.23%
U-SATSP50 91.49 8.49%
MM-20MONTH 20.43 1.9%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
2017/06/14
ISIN code:
ZAE000244158
Short name:
U-TACTINC
Risk:
Unknown
Sector:
South African--Multi Asset--Income
Benchmark:
3 Month JIBAR + 2.5% p.a
  • Fund management  
James Turp
James Turp is the Head of Fixed Income as well as a Portfolio Manager. Responsible for money market, cash plus, income funds, multi asset income funds, inflation linked and bond mandates. He has over 28 years of financial market and investment experience, managing and trading fixed income and currency portfolios. Asset management, Bank as well as parastatal corporate treasury experience.


  • Fund manager's comment

ABSA Tactical Income Fund comment - Dec 19

2020/02/13 00:00:00
The Fund Commentary is provided on a quarterly basis and can be found on www.absainvestmentmanagement.co.za under Unit Trusts Minimum Disclosure Documents. The latest quarterly commentary available is for the quarter ending 31 December 2019.
  • Fund focus and objective  
The Fund will be actively managed to allow cycle-based tactical allocations along the yield curve, which are specific to prevailing market conditions, with the aim to achieve risk adjusted performance returns in excess of money market yields or traditional yield depending on the interest rate cycle. Securities to be included in the fund will be assets in liquid form, interest bearing securities, other non-equity securities acquired on the exchanges (as legislation permits), equity securities-as per the ASISA SA Multi Assets Income category limits , and any other income bearing instrument and securities that the Act may from time to time allow and which are considered consistent with the portfolio's primary objective and allowed by regulations as may change from time to time, listed and unlisted instruments, all to be acquired at fair market prices.
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